AUD/USD Outlook: Rising Risk Appetite Drives Aussie Further Up
The Australian dollar advances further on Wednesday, boosted by fresh risk appetite in the market after news about cure for coronavirus circulated and extends recovery into third straight day. Fresh bullish extension broke above initial barriers at 0.6754/62 (10DMA /...
Focus Turns to US Job and Services Data and Coronavirus Fears Recede
The financial markets seem to have stabilized from coronavirus fears. Following the strong rebound in US stocks overnight, Asian indices are also trading generally higher. Yen and Swiss Franc continue to trade as two of the weakest for the week....
Market Morning Briefing: Euro Is Holding Well Below Resistance At 1.11
STOCKS A strong follow-up rally on all major indices has reduced our concern of the strength of the current bounce-back move that we had citied yesterday. The danger of seeing any further sharp fall has reduced now and the bias...
NZ Labour Market Review, December Quarter 2019
The unemployment rate fell to 4.0% in the December quarterly, equalling its lowest level since 2008. The details of the survey weren’t entirely positive, with weak employment growth and falling labour force participation. Nevertheless, there was a clear message that...
Stocks making the biggest moves after hours: Ford, Snap, Match Group and more
Visitor walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images Check out the companies making headlines after the bell: Ford – The automaker’s stock dropped 10%...
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